Saturday, July 4, 2009

Monthly inventory update

7/3/09 - Santa Monica and Mar Vista inventory were again up slightly for the week - and month - while Pacific Palisades was down for both.

6/26/09 - Santa Monica and Mar Vista inventory were up slightly for the week, while Pacific Palisades was down. I'll do month-end plus end of 1H 2009 updates (charts and latest sales) next weekend.

6/19/09 - SM inventory is flat overall; PP is down slightly; MV has rebounded up for the week.

6/12/09 - SM and PP inventories are up a little. Conversely it's almost a buying mania in lower-priced Mar Vista listings. I'll do a sales update for all three after the end of June.

6/5/09 - All are up for the week except Santa Monica over $3M, down, and it seems a lot of new price reductions.

      LA County  Santa Monica Pacific Palisades  Mar Vista
<$3M New Tot DOM<$2M New Tot DOM Tot New DOM

-------- ------ -------------- -------------- ----------
1/30/06 27,732
2/28/06 29,420
3/31/06 31,819
5/ 1/06 34,032 38 33
6/ 2/06 37,847 56 36 38
6/30/06 42,317 66 40 49
8/ 4/06 45,315 70 34 50
9/ 1/06 46,781 71 27 59
10/ 6/06 47,369 83 25 98 71
11/ 3/06 45,780 80 20 91 77
12/ 1/06 43,103 65 18 72 96 39 20
1/ 5/07 35,646 54 4 60 117 33 6 71 66
-------- ------ -------------- -------------- ----------
2/ 2/07 36,715 38 15 45 124 29 16 61 71 70
3/ 2/07 41,251 42 14 51 114 26 10 68 79 55 25 76
4/ 6/07 42,857 41 23 49 107 18 8 73 103 54 52 50
5/ 4/07 45,918 46 28 54 92 19 6 82 79 71 37 52
6/ 1/07 52,198 50 25 61 78 17 15 87 78 77 39 53
6/30/07 52,769 42 18 56 81 17 11 92 77 74 33 61
8/ 3/07 54,166 53 28 68 86 23 12 78 76 84 39 68
8/31/07 57,432 57 21 72 98 18 7 69 75 90 40 79
9/28/07 58,973 59 17 74 103 26 9 90 81 87 20 87
11/ 2/07 58,731 62 19 81 120 29 7 106 77 98 35 88
11/30/07 59,108 52 14 67 136 23 11 88 94 96 23 96
12/31/07 53,475 42 5 53 148 19 2 73 119 79 13 116
-------- ------ -------------- -------------- ----------
2/ 1/08 53,722 54 16 67 157 26 16 101 118 89 36 96
2/29/08 53,520 50 10 68 178 29 8 108 108 88 21 103
3/28/08 53,566 57 17 81 171 32 14 122 92 82 22 105
5/ 2/08 54,098 59 14 83 159 35 7 136 93 90 33 96
5/30/08 53,216 56 23 79 147 34 9 142 106 91 29 89
6/27/08 53,058 74 28 98 131 30 6 129 107 96 26 95
8/ 2/08 51,906 66 14 89 125 34 8 120 136 99 35 101
8/29/08 50,124 62 9 79 122 29 5 108 156 91 25 104
10/ 3/08 48,113 58 14 82 145 41 15 128 132 84 24 109
10/31/08 47,017 64 22 90 131 55 18 159 126 83 21 103
11/28/08 45,216 64 12 91 141 54 7 151 124 73 9 130
12/31/08 40,810 52 3 80 171 47 5 130 134 63 10 144
-------- ------ -------------- -------------- ----------
1/30/09 38,486 67 16 94 181 59 15 157 145 66 15 157
2/27/09 37,647 73 14 98 164 73 17 181 148 75 19 131
4/ 3/09 84 25 108 155 73 11 187 150 74 24 128
5/ 1/09 89 23 115 163 72 11 188 155 73 22 127
5/29/09 80 15 107 175 67 14 176 142 70 28 117
6/ 5/09 82 4 106 170 74 8 184 139 74 5 122
6/12/09 84 10 107 169 75 9 185 146 69 10 133
6/19/09 82 13 107 165 71 12 183 139 73 15 144
6/26/09 84 19 109 162 65 16 172 148 74 17 151
7/ 3/09 85 21 110 142 63 16 167 164 75 19 157
7/10/09
All Westside

            1/30     4/3    5/29    7/31    10/2   11/27
2/27 5/1 7/3 8/28 10/30 12/31

B.Air-H.Hls. 101 106 120 137 147 152
Bv.Ctr.-M.M. 58 65 78 83 72 58
Beverly Hls. 109 123 134 114 107 120
B.H. P.O. 127 147 162 153 152 159
Bvywd.Vic. 47 54 62 60 48 42
Brentwood 146 162 157 167 155 155
Chv.-R.Pk.'8' 31 38 33 39 31 31
Culver City 52 44 36 33 34 41
Malibu 254 267 288 290 281 280
Malibu Beach 63 70 70 70 69 65
Marina D.Rey 32 32 28 34 34 35
P.Palisades 157 181 187 188 176 167
Palms-M.Vista 66 75 74 73 70 75
Playa Del Rey 24 24 20 21 27 22
Playa Vista 6 6 5 3 5 4
Santa Monica 94 98 108 115 107 110
Sunset-Hwd.H.285 299 312 293 294 288
Topanga 70 73 71 73 77 75
Venice 104 121 119 115 111 102
W.Hwood.Vic. 61 58 50 56 51 48
West L.A. 20 30 32 25 23 17
Westchester 53 60 57 42 43 47
Wwood.-C.City 67 72 78 78 82 67
___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
2009 Total 2027 2281 2196
2205 2262 2160
2008 Total 1509 1694 1917 2019 2006 2128
1524 1846 1974 1942 2085 1822
2007 Total 1282 1274 1457 1522 1671 1600
1308 1377 1483 1551 1731 1329

Notes

See here for 2007 monthly totals. LA County inventory via OC Renter. Santa Monica Days on Market (DOM) is for <$3M, and omits Santa Monica Canyon (in City of Los Angeles but S.M. Post Office). Pacific Palisades DOM is for <$2M and count omits mobile homes. "New" is for previous month, or month-to-date for current partial month.

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